In this episode of the GPS to Your Business Success podcast, host Nick invites listeners to reassess their core financial beliefs for a more fulfilling life. Drawing inspiration from Bill Perkins' book Die With Zero, the episode emphasizes the value of investing in experiences over simply accumulating wealth. Nick shares strategies for finding balance between personal enjoyment and financial obligations, including family and charitable planning. By prioritizing lasting memories and thoughtful resource allocation, listeners are encouraged to optimize their lives at every stage, from the 'go-go years' to the 'no-go years.'
Episode Breakdown:
00:46 - Meet Your Host and Our Mission
01:25 - Disclaimer and Sponsor Acknowledgments
04:32 - The Concept of Living Life Fully
05:36 - Introducing Die With Zero by Bill Perkins
06:31 - Personal Stories and Reflections
11:15 - Balancing Work and Life
12:57 - The Philosophy of Die With Zero
13:19 - Calculating Your Financial Needs
14:24 - Insurance and Medical Expenses
16:15 - Spending Money in Different Life Stages
17:06 - Creating and Fulfilling Your Bucket List
17:54 - Supporting Your Children and Grandchildren
20:37 - The Importance of Planning Your Legacy
21:49 - Giving to Charity During Your Lifetime
23:10 - Balancing Boldness and Caution
24:00 - Final Thoughts and Reflections
Special Thanks to Our Sponsors: Steer CRM and Auto Shop Answers
Steer CRM helps auto repair shops attract new customers and keep existing ones coming back for regular maintenance and service. Discover more at steercrm.com.
Auto Shop Answers is an industry-leading automotive shop training program led by Todd Hayes, COO of Adams Automotive in Houston. Learn more at autoshopanswers.com.
FinCEN website: finCEN.gov/boi
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